If you have any symptoms or recently had a positive COVID-19 test, please do not schedule tours of your property or visit other properties.
9 bedrooms
5 bathrooms
Lot dimensions 3,450 ft² (320.52 m²)

Owners’ comments

Automated translation

Quintuplex in the heart of the plateau, one of very few Plex with 30 ft of facade.

All the units are rented and several tenants have been on the premises for years.

Gross effective income is $55,860 per year, very good renters. With a few more renovations the potential income could easily reach $70,000 per year.

Several renovations have been carried out over the years:

  • Roof redone in 2012
  • All windows were replaced (forward +/- 2000, back 2012 @ 2015).
  • The 4629 was redone almost entirely in 2012
  • Masonry work on the front and rear facades and the replacement of the sills in 2012.

The basement is 6 ft or more unfinished (for use by the tenant on the ground floor).

Three parking spaces at the back of the building.

A

residential/commercial sector, the DRC (1450 sq.ft.) can be used as a business. A family-type daycare center has already operated for several years at 4621.

Visit the premises only with an accepted promise to purchase.

This sale will be made without legal warranty of quality.

Complete Description
Complete Description

Property features

Asking Price
$1,169,000
Style
Link
Details
With equipment
Year of construction
1910
Building dimensions
1,450 ft² (134.71 m²)
General condition
Standard
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
North-West
Number of parkings
3
Municipal evaluation's date
2021
Lot's municipal evaluation
$375,400
Building's municipal evaluation
$934,700
Taxes year
2022
2 Bedroom
4
4 Bedroom and more
1
Bedrooms (total)
9

External facing:

  • Aluminium Siding
  • Brick

Foundation:

  • Cast concrete
  • Rock

Roof:

  • Gravel and asphalt

Floor coverings:

  • Laminate
  • Hardwood
  • Ceramic
  • Linoleum
  • Carpet

Windows:

  • PVC

Heating source:

  • Electric

Kitchen:

  • Melamine cabinets

Basement:

  • Unfinished

Upgrades:

  • Kitchen
  • Windows
  • Plumbing
  • Bathrooms

Parking / Driveway:

  • Outside

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bedroom 9
Storey: Other
Dimensions: 11' x 12' (3,35 m x 3,66 m)
Flooring: Hardwood

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$75.99
$911.85
Municipal taxes
$617.97
$7,415.59

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$4,655.00
$55,860.00

The steps involved in buying a property

Could this property be “the one”? Here’s an overview of the steps involved in becoming the owner. These steps and the legal implications remain the same whether the property is purchased from an individual or through a broker.

1
Financing

One of the first things to do when looking for a property is to get a mortgage preapproval from a financial institution. The goal is to determine borrowing capacity, and as a result, the price range to be looking in.

2
Offer to purchase

The property suits the budget and needs? Time to submit an offer to purchase! This document sets out the price, the elements included in the sale, the possession date, the conditions of purchase and all other information relevant to the sale.

Need the form?

Documents to download

3
Conditions of purchase

The offer to purchase generally includes conditions. The most common are the property passing an inspection, the buyer providing proof of financing and the buyer selling their own property. Once the listed conditions are met, the property is considered sold.

4
Property transfer

The last step is to see a notary, who is generally chosen by the buyer. This real estate professional drafts the deed of sale and ensures that the interests of all parties involved are respected.

Once the deed of sale is notarized, the new owner gets the keys to the home. All that’s left is to move in!

More details on these steps

See our All about buying section.

$1,169,000

Quintuplex for sale

4621-4629, avenue Papineau

Le Plateau-Mont-Royal Montréal / l'Île

No. 997277

With equipment
Contact the owner
Contact the owner
Do you want to sell commission-free, too?